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Fév 12

Michelin Sees Possible Impact on Sourcing, Investments from Trump Tariffs

Michelin is assessing the impact from possible U.S. tariffs on Canada and Mexico but it is too early to estimate consequences from the levies on its supply chain and investments, the French tyre maker said on Wednesday.
Most of the tyres Michelin sells in the United States are produced locally, a spokesperson for the company told Reuters, highlighting the firm’s « strong industrial presence » in the country with 35 facilities. …
Michelin employs more than 23,500 people in its production sites across the U.S. and Canada. It has two plants in Mexico – Queretaro and Leon – and three in Canada – Pictou, Bridgewater and Waterville. …
Source: Reuters

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